High Vertical Differentiation, Low Horizontal Differentiation, and Low Formalization Are

question 52

Multiple Choice

High vertical differentiation, low horizontal differentiation, and low formalization are characteristics of an organization that indulges in ________.

• A) mass production
• B) serial production
• C) process production
• D) unit production

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Definitions:

Product Development

The creation of new products or continuous improvement of existing products, from concept through design, manufacturing, and marketing.

New Drink

A recently introduced beverage product to the market, which can range from soft drinks, alcoholic beverages, to health or energy drinks.

Maturity Stage

The maturity stage is a phase in the product life cycle characterized by a slowdown in sales growth, as the product has achieved wide acceptance in the market and faces increased competition.

Windows Operating System

A series of graphical interface operating systems developed, marketed, and sold by Microsoft.